Yield on 10-year Treasury climbs to 1.16%–time to rethink some bond market assumptions and to start some selling
A year ago, the yield on the 10-year Treasury note stood at 1.59%. From that point yields fell, leading to big gains for Treasuries and other bonds. (The Shares 7-10 Year Treasury Bond ETF (IEF) gained 10.01% in 2020, for example.) Yields were down to 0.73% as of the...
2020 was a great year for dividend stocks: my Dividend Portfolio showed a return of 15.71% for 2020
It’s unusual, to say the least, to have a dividend portfolio match the returns on the Standard & Poor’s 500–especially in a year when the S&P 500 was setting an all time high–but that’s what happened in 2020. My Dividend Portfolio...
Buying Dow tomorrow in my Dividend Portfolio, Pick #8 in my Special Report on Dividend Stocks on JubakAM.com
Dow (DOW) certainly fits the dividend template that I’ve explained in my Special Report: “10 Dividend Stocks that are beating the risky rockets” on my subscription site JubakAM.com. The stock yields 5.26% after a 0.20% gain today December 9. That...
Adding Citigroup to my Dividend Portfolio as 7th pick in my JubakAM.com Dividend Stocks Special Report
Let’s follow the template from Omnicom, my previous dividend pick, okay? The dividend yield on Citigroup is 3.48% against the five-year average yield of 1.96%. The current price-to-earnings ratio is 10.03 versus the five-year average of 10.17. The current price...
Dividend Portfolio ahead 14.19% for 2020…so far
While I was calculating (finally) the much delayed performance numbers for my Dividend Portfolio for 2018 and 2019, I thought I’d use the momentum to do the numbers for 2020 to date. For 2018, as I reported, the portfolio lost 15.52% and showed a dividend yield...
Pfizer’s warning on logistics difficulty in delivering vaccine stalls stocks at end of trading
Pfizer (PFE) stock tumbled Thursday after the company reportedly slashed its expectations for coronavirus vaccine deliveries in 2020 due to supply-chain issues. “Scaling up the raw material supply chain took longer than expected,” a company spokeswoman...
The returns for 2018 and 2019 for my Dividend Portfolio show the challenge facing dividend income investors during this period of extremely low interest rates.
In 2018 my Dividend Portfolio showed a yield on 3.60%. That produced $6,483 in dividend income that year. (In this portfolio I put an equal $10,000 into each position and rebalance each year.) The goal of this portfolio is to beat the yield on the 10-year Treasury. On...
Adding Duke Energy to my Dividend Portfolio
On the night of November 18, I made Duke Energy (DUK) my second pick in my Special Report: “Dividend Stocks that are beating the Risky Rockets” on my JubakAM.com subscription site. On November 19, I added these shares to my Dividend Portfolio. Duke Energy...
Why buying CVS Health now is worth the risk of some market volatility–the 3.57% dividend helps
On October 27 I made CVS Health (CVS) one of my “10 Stocks for a post coronavirus world” on my JubakAssetManagement.com subscription site and declared that it was the only one of the first group of five stocks that I’d buy now–even though the...
Pfizer says it will be ready to file for an emergency use application for its coronavirus vaccine by the third week in November
In a public letter Pfizer (PFE) CEO Albert Bourla wrote that the company hopes to have initial data from its Phase 3 clinical trail of a coronavirus vaccine by the end of October and that it will wait until the third week in November to file an emergency use...
Adding Southern Copper with its 3.33% dividend to the (what else?) Dividend Portfolio
In my just completed Special Report: “Your Investment Guide for the Next 6 Dangerous Stock Market Months” on my JubakAM.Com site I wrote that I’d look to add some coronavirus recovery stocks to my portfolio during weakness in the November time...
Adding Pfizer to my Dividend Portfolio today
In Special Report: Meeting Your Retirement Challenge on my subscription site JubakAM.com, I suggested that when temporary factors created an opportunity to buy the shares of a solid, predictable, cash flow generating company, with a yield of 4% you should jump at the...
Barrick Gold raises dividend 14%
Shares of Barrick Gold (GOLD) are up 11.10% today to $29.99 as of 1:30 p.m. New York time on Monday, August 17. The continued climb in Barrick Gold shares comes on the strength of an ongoing rally in gold prices and news that broke on Friday that Warren...
Adding AES to my Dividend Portfolio
Yesterday I named AES (AES) as my seventh pick in my Special Report: 10 Global Warming Stock Picks on my subscription JubakAM.com site. I also added the utility stock to my Dividend Portfolio on all three of my sites. Hence this post. I wrote: “Reducing...
Dividend Portfolio member Hanesbrands pops 9.51% today on analyst upgrade
Last time I visited Hanesbrands (HBI) on May 11 in my Dividend Portfolio it was down 37.66% from my February 21 pick. But it was worth holding on, I argued, for the hefty 6.69% dividend and an eventual turn in the share price. Well, today, July 14, the shares yield...
Selling Illinois Tool Works out of my Dividend Portfolio to make room for new dividend strategy and new picks
My second sell of the day. Way back in November 2019–if you remember a period when projected earnings growth was strong and before the coronavirus recession–I argued for a dividend strategy that focused on companies with fast growing and solidly...
Selling Visa out of Dividend Portfolio to make room for new dividend strategy and picks
Way back in November 2019–if you remember a period when projected earnings growth was strong and before the coronavirus recession–I argued for a dividend strategy that focused on companies with fast growing and solidly predictable earnings that were, in my...
Adding Coke to my Dividend Portfolio
Today’s shocking announcement from Royal Dutch Shell (RDS-A) that it would cut its 10% dividend, to 16 cents a share is a brutal reminder of one of the big challenges facing dividend investors. Royal Dutch shares were down 12.02% as of 3 p.m. Nw York time today,...
Selling ONEOK out of my Dividend Portfolio ahead of earnings and after ex-dividend date
The greatest danger of any dividend position right now is from a cut to the dividend payout. That kind of cut would send even an already crushed stock lower. I think that’s the possibility facing shares of ONEOK (OKE) when it reports earnings on April 28. The...
Selling Commonwealth Bank of Australia out of Dividend Portfolio
I’ve only got a small bit of exposure to the global banking system and, frankly, I think it’s past time to get rid of even that exposure. We’re in one of those banking sector moments where we know that banks are loaded up with assets that can’t...
Will Grupo Aeroportuario del Pacifico cut its dividend at April 28 meeting? Selling out of the Dividend Portfolio
Grupo Aeroportuario del Pacífico (PAC) has postponed its annual meeting until April 28. The company’s stock buyback plan and dividend payouts on the agenda. It’s hard to imagine that the company hasn’t at least considered cutting its buyback and...
GM dividend looks safe for now after credit line draw down
General Motors (GM) drew down its $16 billion credit line today to maximize its financial cushion as the auto industry headed into a very uncertain future. The $16 billion drawdown adds to the $16 billion in cash that General Motors projects to have on hand by the end...
What now for Treasuries and their ETFs? Should you be buying even at record low yields? I’m adding shares of Vanguard’s 1-3 year Treasury ETF
I’d wager that almost nobody today is buying U.S. Treasuries for their yield. The yield on the 10-year Treasury broke below 1% to 0.9043% for the first time EVER. The 10-year finished the day with a yield of 1.01%. The yield on the 2-year Treasury fell to a low...
Buying General Motors in my Dividend Portfolio
I don’t think the coronavirus stock market rout is over, but I do believe you have to be opportunistic about snapping up dividend yield during this correction. Today shares of General Motor (GM) were down another 2.12% as of 2:40 p.m. New York time. That brings...
Raising target on Barrick Gold in Jubak Picks Portfolio and buying the shares for my Dividend Portfolio
Barrick Gold (GOLD) reported fourth quarter earnings of 17 cents a share on Wednesday, February 12. That beat the 14 cents a share estimate from Wall Street analysts for the quarter. A year ago the company earned 6 cents a share in the fourth quarter of 2018. But that...
AbbVie continues its run–picks up momentum from Allergan results
Shares of AbbVie (ABBV) tacked on another 1.32% today to a close at $96 continuing a run that began back on January 31 at $81.02. The trend picked up momentum on February 7 after the company reported fourth quarter earnings with better than expected sales for its...
Buying AbbVie today for my Dividend Portfolio with its 5.62% yield
Yesterday when the market was a sea of red, shares of AbbVie (ABBV) were a small beacon of green. Today when, as of 3:40 p.m. most of the market is green, AbbVie is a small spark of red. What’s up? AbbVie was higher yesterday on speculation that a cocktail of...
Dividend Portfolio member Grupo Aeroportuario del Pacifico up on USMCA news and November traffic
It certainly didn’t hurt that House Democrats have agreed to support the revised U.S.-Mexico-Canada trade deal, and to put it to a vote before the end of this session of Congress on December 20. But neither did Grupo Aeroportuario del Pacifico’s (PAC)...
A summary of the changes to my Dividend Portfolio as a result of my Special Report 3 Ways to Higher Income in a Low Yield Desert
Back at the beginning of November I published a Special Report on my subscription JubakAM.com site that revised the Dividend Portfolio I track on all my sites. The changes in the portfolio were an attempt to respond to a changed environment for yield–what I...Jim’s Daily Email Alerts:
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